Portsmouth City Council is keen to see more hotels in Portsmouth to help serve its long established tourism market, support its conference offer, attract more major events and provide supporting facilities for its businesses.
To gain a better understanding of the local market and hotel investment trends, and to inform its planning policies, Portsmouth City Council commissioned a Portsmouth Hotel Futures study which can be downloaded below.
Portsmouth Hotel Futures Study 2007
The study objectives were to:
- assess current demand for hotel accommodation and forecast potential growth over next 20 years (to 2026)
- determine market opportunities for new hotel development (number, size and standard)
- identify and evaluate potential hotel sites against requirements and location drivers
- gauge developer interest and identify key decision makers
The key findings were:
- up to 12 hotel sites (1,511 rooms) needed within next 20 years, based upon medium market growth scenario, of which 5 (545 rooms) needed within next 5 years (including one 4-star)
- significant interest in Portsmouth from developers/operators, with strongest interest from budget, upper-tier budget and 3-star brands
- some excellent sites for hotel development in Portsmouth, with potential for some to come forward in the short-term
- more hotels would be required if a new conference facility is built in the city
- opportunities to develop further the boutique hotel offer and establish suite hotels
A summary of the report is attached below and for a copy of the full report please get in touch via the contact us page.
South Hampshire Hotel Futures Study July 2010
In mid 2010, Partnership for Urban and South Hampshire (PUSH) published a study collating data on the number of hotels in South Hampshire, their occupancy rates, new hotel accommodation in the pipeline and hotel companies' aspirations for future development.
Based on that information and PUSH's economic growth plans, the study forecasts the potential for additional bedroom accommodation over the next twenty years in the sub-region and suggests where the PUSH authorities should plan for new hotel development. This provides a more up to date up to date assessment of the Portsmouth hotel market.
The forecast for Portsmouth shows an additional 10 hotel sites are required, (1,549 rooms). The number of hotels has slightly decreased from the 2007 study, however the number of rooms has increased.
Portsmouth is set to undergo transformational change over the next 20 years that will result in significant employment and population growth. The development of the sub-region’s economy and major office & business park developments will drive significant growth in corporate demand for hotel accommodation.
A summary of the report is attached below. For a copy of the full report, please visit the PUSH website.
Hotel Development Opportunities
The following sites have been identified as suitable for hotels:
- Northern Quarter
- West of Commercial Road
- Station Square West
- Station Street South
- Stanhope Road West
- Surrey Street West
- Surrey Street East
- Enterprise House and Midland House
- Isambard Brunel Road
- Greetham Street and Drummond House
- Navigators Resource Centre
- Dorothy Dymond Car Park
- The Hard South
- Clock Street
- Former Naval Academy
- Tipner Scheme
For further details see the City Centre Masterplan, The Hard and the Tipner Scheme.
The hotel studies confirmed an overall need for more hotels in Portsmouth and highlighted large-scale (100+ bedrooms) and boutique hotels as particular opportunities for development.
Planning consents have already been granted for two major hotel developments in the city centre that will be brought forward by McAleer & Rushe (two hotels of 150 and 205 bedrooms) hotels and Bridgepoint Ventures (188 bedroom hotel ).
In August 2012 a planning application was submitted by De Vere Village for a 120 bedroom 4* equivalent hotel facility at Lakeside North Harbour Business Park. In addition a number of boutique hotels have opened in Southsea with G! being the latest one.
Planning permission has been granted for the development of a new hotel in the heart of Portsmouth. The new development will replace Europa House, PALL Europe's European HQ (now in North Harbour, Portsmouth), with a twelve storey hotel with a dedicated car park below. More information is provided in the planning application.
Premier Inn has signed a 25-year lease for a new 84-bedroom hotel in Portsmouth city centre for which a planning application was submitted in March 2013. The £8m scheme for the hotel and two retail units at ground level will replace the existing Midland House office block. Subject to planning consent the hotel will open in 2014.
Portsmouth City Council Advice and Information for Developers and Operators
In addition to the Portsmouth Hotel Futures Study data, Portsmouth City council can provide further relevant demographic information to support investment decisions. Some of this information is provided via the following links:
Planning and Inward Investment representatives are also happy to meet with developers, operators and/or their representatives to discuss specific sites in more detail. To arrange this, please contact Ian Bridges on 023 9284 1072 or email email@example.com.